Property Details

Family Dollar

Louisville, KY
Property ID: 4799

Financial Summary

Asking Price $900,000
Cap Rate 7.87%
Net Operating Income (NOI) $70,785
Lease Type NN
Lease Term Remaining 9+ Years
The Offering Memorandum for this property is no longer available.

Contact

Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • Long-term tenant with over 10 years on site
  • Extremely supportive demographics with population of 227,746 and targeted income within 5 miles
  • Highly committed to this site- recently extending lease early to 10 years
  • Newly installed roof with 15 year transferable warranty
  • Low rent to sales ratio near 5% and sales PSF 22% above national unit average
  • Highly profitable store with exceptional sales per square foot
  • Located within 2 miles to Churchill Downs and 3 miles to University of Louisville

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

4126 Taylor Blvd
Louisville, KY

Leigh ClineFamily Dollar